YOU CAN FIGHT BACK!
Life should not be burdened with overwhelming and unmanageable debt. In today’s economy, more and more families struggle to meet their day-to-day financial needs. This has placed an enormous strain on the middle class lifestyle of many Americans.
BANKRUPTCY IS A VIABLE OPTION.
If you are experiencing financial difficulties, you do not have to work through them alone. The Law Office of Richard J. Hackerman can help. I am a bankruptcy attorney in Baltimore, Maryland who concentrates in consumer bankruptcy matters, including foreclosure defense and Chapter 7 and 13 cases.
My clients come from all walks of life. Many were living the American dream, with a beautiful house and a steady job. Most of my clients could never have predicted they would need my services. I have represented individuals who considered themselves financially secure, but nonetheless found themselves struggling to pay their bills.
If you have been using credit cards, loans, and lines of credit that are depleting the equity in your home to pay your bills, please call me.
- You should call me if you are beginning to fall behind in your bills and creditors are demanding payment.
- You should call me if a foreclosure action is being commenced against your home.
- You should call me if creditors are seizing your bank accounts or paycheck.
The Law Office of Richard J. Hackerman, a Baltimore Bankruptcy Lawyer, can help you stop creditor action. With few exceptions, immediately upon the filing of a bankruptcy petition, your creditors are prohibited from taking any further action against you; even if your bank account has been frozen and your salary has been attached.
Don’t let creditors destroy your life. Contact me. By taking advantage of the Bankruptcy Laws, you may be able to save your home, savings, cars and other assets.
Bankruptcy is a process under the jurisdiction of the United States Bankruptcy Court, designed to regulate and administer the payment and discharge of debts. Bankruptcies can generally be described as “liquidations” or “reorganizations.”
Chapter 7 bankruptcy is the liquidation variety: If you own property that isn’t exempt under your Maryland laws, it may be taken and sold (“liquidated”) to pay back some of your debt. Chapter 13 bankruptcy is the most common type of “reorganization” bankruptcy for consumers: You get to keep your property, but you must make monthly payments over three to five years to repay all or some of your debts.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
The new law establishes the criteria for Chapter 7 filing. Most credit card debts, medical bills and personal loans can be discharged in a typical chapter 7 bankruptcy. A Chapter 13 bankruptcy case involves a three to five year repayment plan. To qualify for Chapter 13, you must have a regular source of income, have enough disposable income, and your debts must be under certain debt limits. Richard J. Hackerman is an experienced foreclosure attorney having handled numerous foreclosure cases. He is an experienced bankruptcy attorney in Baltimore, Maryland who can assist you every step of the way.
Both Chapter 13 and Chapter 7 bankruptcies have numerous rules — and exceptions to those rules — about what kinds of debts are covered, who can file, and what property you can and cannot keep.
The bankruptcy process is initiated by the filing of the petition in the United States Bankruptcy Court. The petition contains the Debtor’s name and address, the type of bankruptcy being filed and general information about the case, along with the petition schedules which need to be filed outlining the Debtor’s assets, debts, income and expenses. A Statement of Affairs must also be filed setting forth the Debtor’s prior income, lawsuits and enforcement actions commenced against the Debtor, business history and other financial related matters. In a chapter 13 case, a repayment plan must be prepared and filed setting forth the Debtor’s intentions with respect to payment of all or some of their debts. These are just some of the documents that must be filed. I will assist you in all phases of this process.
The Debtor, along with their bankruptcy attorney in Baltimore, Maryland, must also attend a meeting of creditors where the Debtor will be asked a series of questions, under oath, by a Trustee appointed by the United States Bankruptcy Court regarding their financial affairs.
In a chapter 13 bankruptcy case, the Debtor and his attorney are required to attend a confirmation hearing where the plan that is filed outlining the Debtor’s intentions with respect to repayment of all or a portion of the individual’s debts will be addressed by a United States Bankruptcy Judge. Again, I will assist you in all phases of this process.
With over twenty five years of experience, I have the experience to help you from start to finish. Call me today for a FREE consultation at 410-243-8800 or in the evenings or weekends at 443-904-4060.
At the law office of Richard J. Hackerman, as your trusted bankruptcy attorney in Baltimore Maryland::
- I treat clients with respect.
- I will answer your questions and attempt to explain the bankruptcy process to you that so that you understand your case.
Your property is, of course, a major concern when contemplating filing for bankruptcy. Under either Chapter 7 or Chapter 13, the Bankruptcy Code has provided a means by which to protect your personal property and real estate. These protections are known as exemptions.
The exemptions are relatively complicated to understand, and you should discuss how they apply to your property with me.
In Maryland, property owned by married couples is exempt with respect to claims of creditors of solely one spouse (other than claims of the Internal Revenue Service).
If you are considering filing for bankruptcy, you should know about one major change to the bankruptcy law:
Beginning October 17, 2005, you must get credit counseling from a government approved organization within six months before you file for bankruptcy protection and receive pre-discharge education in order to complete the case after you file.
Every person that finds themselves with unmanageable debt finds themselves in that situation for a different reason. There is no single plan that works for everyone. Richard Hackerman can help you figure out the best path out of debt for your particular situation, and he can put you on that path to debt freedom.
Richard Hackerman can answer the nagging questions that are keeping you from taking that first step towards eliminating your debt and your whole outlook on life. He is a Baltimore-based debt relief attorney serving people throughout the State of Maryland.
If you need an experienced foreclosure or bankruptcy attorney in Baltimore, Maryland to help you with a Chapter 7 or Chapter 13 bankruptcy filing, please contact Richard Hackerman for a free initial bankruptcy consultation.
I have filed Chapter 7 and Chapter 13 bankruptcies for people with large amounts of debts. I have helped those with gambling debts, high credit card debts with outrageous interest rates, and large and expensive lawsuits. I can often reduce or get rid of the debt owed to help those in Baltimore and throughout Maryland with large debt.
It is important to hire an experienced bankruptcy attorney in Baltimore, Maryland for big debt bankruptcies. These cases are generally reviewed more thoroughly.
Personal Attention For Personal And Business Bankruptcies
Richard J. Hackerman, Bankruptcy lawyer has helped people in Baltimore and throughout the State of Maryland. Every situation is different, but it all boils down to having too much debt.
If you have debts in excess of what you can afford, I urge you to call or contact my bankruptcy law office to schedule an appointment for a free initial consultation. I can help.
After bankruptcy, I will assist you if creditors harass you or if you need assistance in obtaining credit. If your credit report contains errors I can help you. I am a Baltimore-based credit repair attorney, serving individuals and couples throughout the State of Maryland.
If you have debts in excess of what you can afford, I urge you to call or contact my bankruptcy law office to schedule an appointment for a free initial consultation. I regularly receive referrals from clients and other attorneys because they know I can help. I am your trusted bankruptcy attorney in Baltimore Maryland.